New figures suggest the emirate's business sector is on the rise.
Ajman's Department of Economic Development says it grew by more than 50 per cent during the last quarter of 2018.
In total, close to 1,500 professional licences were issued between October and November last year.
There was also a 12 per cent decrease in the number of licences that were cancelled.
In total, 191 cancellations were registered compared to 216 during the same period in 2017.
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Dr. Sultan Al Jaber dedicates leadership award to UAE President, frontline workers
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Dubai achieves highest-ever ranking in Global Financial Centres Index
Dubai has achieved its highest ever ranking in the Global Financial Centres Index (GFCI), climbing to seventh place, underscoring the emirate’s rise as one of the world's most influential financial hubs and its importance in the global financial system.
Stocks gain with oil prices easing on optimism from possible ceasefire talks
Global equity markets, including from the U.S., Europe and Asia, rose while oil prices fell on Wednesday, as traders cheered news of ceasefire proposals to de-escalate the ongoing conflict in the Middle East.
